The Latest Breaking News from US Treasury

Investors embraced risky assets in November — hoping the Federal Reserve is done hiking rates. And some of the best ETFs and mutual funds for stocks and bonds shined.

Mortgage rates are nearing 7% again as a big rally in the bond market, tied to Fed rate cut bets, gives homebuyers a much-needed boost toward year-end.

December S&P 500 futures (ESZ23) are down -0.34%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.51% this morning as investors weighed concerns over China’s debt burden and looked ahead to the latest reading on U.S. job openings as well as U.S. business activity data.

Bitcoin was up 5.2% for the week, followed by the Russell 2000 small caps index, which was up 3.5%. These gains outperformed the 0.2% tech-heavy Nasdaq 100 Index gains and the S&P 500 index's 0.9% gains.

US Treasury Department says Iran relies on brokers, front companies to finance proxies across region, including Hamas.

Moody's calculates that interest payments on the national debt will consume over a quarter of federal tax revenue by 2033, up from just 9 percent last year.

LockBit used a well-documented vulnerability called CitrixBleed to hit ICBC, researchers claim.

December S&P 500 futures (ESZ23) are up +0.38%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.34% this morning as U.S. Treasury yields retreated after Thursday’s surge on the back of hawkish remarks from Federal Reserve Chair Jerome Powell and a disappointing 30-year note auction.

December S&P 500 futures (ESZ23) are trending down -0.04% this morning after three major U.S. benchmark indices closed lower on Thursday as hawkish remarks from Federal Reserve Chair Jerome Powell tempered optimism regarding a peak in interest rates.

ICBC was reportedly forced to conduct some trades via a portable USB drive after the bank was hit by a ransomware attack.

Citadel founder and CEO Ken Griffin says the SEC's new regulations will cost taxpayers billions and raise borrowing costs for businesses.